Settings8H · net · $10k
Funding arb · Price arb /

AXS

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h 0.000%
Price spread now: OKX against Lighter−0.234%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.234% cheaper against Lighter than usual: you would sell low and buy high, −$23 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter AXS1.06830.0096pay 0.0012% / 1h3m 43s$36K$43K5x
ShortOKX AXS-USDT-SWAP1.06580.0100get 0.0050% / 4h3m 43s$1.4M$3.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Lighter. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0.84
Price spread: −0.234% → 0.000%
−$23.4
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee OKX: 5 bp × 2 orders
−$10
Net
−$32.56
Costs to cover
0.100%
Break-even
278.3 days
Slippage unknown: Lighter: no order-book sample; OKX: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter no order-book sample
Sell OKX live order book, 3 min ago1.88 bp18.8 bp −$19doesn't fitdoesn't fitdoesn't fit
Lighter: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

AXS on 20 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective AXS/USDC PERP+0.0033%1h1.0580−0.964%$1K$48K5.5xas long as short
BloFin AXS-USDT+0.0084%4h1.0659−0.225%$279K$29K75xas long as short
Orderly PERP_AXS_USDC+0.0094%4h1.0660−0.215%$3K10xas long as short
Lighter AXSlong+0.0096%1h1.0683long leg$36K$43K5x
Hyperliquid AXS+0.0100%1h1.0660−0.215%$256K$705K5xas long as short
Aster AXSUSDT+0.0100%4h1.0663−0.186%$72K$17K10xas long as short
Binance AXSUSDT+0.0100%4h1.0659−0.228%$6.0M$10.8M75xas long as short
Bybit AXSUSDT+0.0100%8h1.0665−0.168%$3.7M$4.3M75xas long as short
OKX AXS-USDT-SWAPshort+0.0100%4h1.0658−0.234%$1.4M$3.0M20x
Gate AXS_USDT+0.0100%8h1.0660−0.215%$843K$535K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC AXS_USDT+0.0100%4h1.0662−0.197%$11.5M$706K50xas long as short
KuCoin AXSUSDTM+0.0100%4h1.0660−0.215%$588K$280K50xas long as short
Bitget AXSUSDT+0.0100%4h1.0650−0.309%$3.1M$1.2M50xas long as short
Variational Omni AXS+0.0100%8h1.0657−0.243%$36K$953as long as short
GRVT AXS_USDT_Perp+0.0100%4h1.0653−0.278%$764K$868K10xas long as short
SunX AXS-USDT+0.0100%4h1.0658−0.234%$2K$1.4M20xas long as short
SoDEX AXS-USD+0.0100%1h1.0658−0.234%$773$3K5xas long as short
Extended AXS-USD+0.0104%1h1.0656−0.255%$8K$248K10xas long as short
BingX AXS-USDT+0.0200%4h1.0661−0.206%$2.6Mas long as short
Kraken Futures PF_AXSUSD+0.0649%1h1.0670−0.118%$145K$349K20xas long as short